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and ahall duly. P~~PW~ ~~Y Perform. diecharge, execute, eftect, completr, comply with aad abide by each
and every We atipulstions. agrcementa. conditions and covenants of said pcom~a~ory note aad oi this mortgage.
then thb mortgage aad the estate benby crested ahall cease and be null and votd.
It is understood that each o! ths words, ••note~ ••.mortgagoY' and "mot'tBaBes•• respectlvely and the pron-
ouns referring Wento. wbether ia the singular or plural anywhen in this morigage. ahall be singular 1! one only
and shall be plural jointiy and severally, if more than one, and ahall be maecuUne. fem3nine and/or neuter. whe~
ever the oonteat ~o implies or sdmits.
Md said ldortgagor tor 2timself and hia heirs. legal repreaentstives, aucceseors and assigne, hereby ooven-
anta ana agrees to and with said Mortgagee. hia legal representstivee. succeasors and aseigns:
1. To psy all aad singular the principal and intereat and the varlous and a~mdry aums oi money papable br
virtus of said promissory aote, and thia mortgsge. eacb and every~ prompUy oa the days respsctively tLs wn~
aaverally bec~ma due.
' Z. To pay all and singulsr the taxes. aasesaments. levies. liabilities. obUgations a:?d incumbrancea of every
' nature and kind now on esid deecribed pmperty. and/or thst hereaiter may be ta~poeed, suifercd. placed, levied
i or aasessed thereupon. and/or that hereafter may be levied or asaessed upon thla mortgage and/or the indebted-
~ neas secured henby. each and eveay~ when due and payable acoording to law. betore they ba~ome delinqueat,
E and before aay interest atteches or any penalty is incurred; and in so far aa any thereof ls o! n~cord the sams
~ shall be promptly aatisfied and discharged ot record and the original otHcial documeat (such as„ tor instaace.
` the taz receipt or the astisfactioa paper ofticially endoraed or certified) shall be placed in the hands of said
Mortgagee within ten daye next after payment; and in the event that any thereoi is not so paid, satlsfied and
~ diacharged. astd Mortgagee may at any time pay the same or any part thereof without waiving or atfecting
any option. llen. equity or right under or by virtue of this mortgage. and the Nll amount of each and every
wch payment ahall be immedtately due snd payable and shall bear intere~t from the date thereot untll paid
at the rate oi ten per centum per annum and together wilh such interest ~hall be sec~red by the Hen oi this
mortgage.
3. To place and continuoualy keep on tAe bu;ldings now or hereafter dtuate on ssid land Me and windstorm
lnaurw~ce in tAe usual standard polIcy [orm. in a sum not leas thanR.~l7~.1Y]Sl1Ts~.~~..Y.~Ll~..... in such com-
pany or comp^nies as may be approved by aaid Mortga~ce; and all such insurance poHciea on any oi said build-
inga. any iaterest therein or part thereot. in the aRgregate sum s[ocesaid or in excqa thereot. shall contain the
usual standard mortgagee clause making ihe la~ ur.der aaid policles, each and every. payable to aaid Hortga~-
gee aa his intereat may appear. and each and every such policy ahall be promptly delivered to and held by said
Mortgagee; and. not les~ than ten dsys in advance ot the expiration ol each poUcy, to delfver to asid Mortgagee
s renewal thereof, together with a receipt tor the premium ot au~h renewal• and there shall be ao such inaur-
ance placed on any ot sald buildfngs, any intereat therein or part thereof. unless in the form and with We loea
payabie sa s[oreaald: and in the event any aum of moneq becomea payabte under such poUcy or poHcies asid
Mortgagee shali have the optlon to receive and apply the same on account o! the indebtedneas secured hereby or
to permlt eaid Mortgagor to recefve and uae it or sny part thereot for other purposes witbout thereby waiving
or impairing any equity, Ilen or right under or by vtrtue of tbis mortgage; and in the event safd Mortgagor shsII
~ for any reason tai) to keep Lhe said premiees so lnaured, or fa11 to dellver prompUy any of said policies o!
~ insurance to said Mortgagee, or fail pr+ompUy to pay tully any prcmiwn therefor. or in aay respect fail to per-
form, diacharge. execute, etfect, complete, comply with and abide by Nis oovenant, or any part hereof. said Mortg-
agee may place and pay for euch in~urance or any part thereof without walving or atfecting any option, lien.
~ eqWty or eight under or by virtue of this mortgage, and the ftiU aq~ount of each and every such payment ahall
be immediately due and payable and shaU bear intenst irnm the aac~ cnenor ~w ~e at ths rste of ten per
cent~ua per aanum and together v?Ith aucb interest shall Ds ~ecured Dy the llen ot thl~ a?ortgage.
To permlt, commit or suifer no wa~te. impairtne~?t ot d~tsrsoration of aald property or any psrt thereot.
6. 1b pay a11 aad iingular tbe costs. cl~uga and eYpen~a. Ipcluding rea~onsWe 4wye~~ tea and co~t ot
ab~tncb oi tltle. fncurred or paid st aay Wne by satd b[ortgagee becc~auuss and/or 1n the ~reat ot the fWurs
on the part ot th~ aald ]tortgagor to duly, promptly and tWlr psrform. di~char~e. ezecute. atfect, oompleter
oomplr wltA ard aDide by each aad every the ttlpulsUau, aareemeats, conaitlons atd oovenanL of said prorals-
wrp notes, aad Wa mortgags, an~ oe either, and safd costa. charge~ aM espea~„ Mei ~ad svery. ahail d~
medlately dus and payaDle. w?bether or not thers be notice, demand. attampt to oMNCt oe sult pendlng
!Wl amount ot each uW erery auh p~yment ahall bear tnt~t from t~w da4 t1Nr~ot ttnW pald at the rste o[
tea p~r centum pee annam: a~W a11 nid oo+t~. char6ea aM ~speaw ~o tncurnd oe pafa, to~tb~r wftD wcb fa-
bewt. ~1 D~ ~scvred bp tb~ U~ o! tNa ~rt~ap.
dooK17? ~ 206
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